SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 24, 2010 08:41 ET

Analyst Study on KBR and Jacobs Engineering Group -- Defense Market Dwindling, Time to Look Elsewhere

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 24, 2010) -  www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the technical services stocks, and offers complete analytical research on companies like KBR Inc. (NYSE: KBR) and Jacobs Engineering Group Inc. (NYSE: JEC). Register with www.wallstreetequityresearch.com today to gain full access to our complimentary research on these technical services stocks.

The contract based Technical Services industry could suffer during the coming years as the United States Department of Defense works to rein in spending. With the Iraq war in decline, many renewable contracts have gone off the books. Also, Secretary of Defense Robert Gates has set the military's focus on affordability measures by incentivizing cost management. With the goal set at reducing spending by $100 billion during the next five years, companies within the Technical Services sector that receive a large portion of their revenues from military contracts will be forced to look elsewhere to remain profitable. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the technical services industry.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to complimentary reports on technical services industry; traders looking for analysis on KBR Inc., Jacobs Engineering Group Inc. and other players in the industry are welcomed to sign up for free at http://www.wallstreetequityresearch.com/.

While Iraq contracts are dwindling, worry surrounding Iran's renewed focus on nuclear development could cause defense spending to pick up throughout the world. The U.S. defense budget is currently slated to increase 4% this year which might prove beneficial for companies like Jacobs Engineering Group Inc. Jacobs Engineering has recently inked a $3.4 million contract with the U.S. Army. Investors can access free research on Jacobs Engineering Group Inc. now by signing up at http://wallstreetequityresearch.com/September242010JacobsEngineeringGroupInc.(JEC)240910.php.

To offset some of the loss associated with dwindling U.S. military contracts, companies within the technical services sector are looking to expand into emerging markets which are anticipated to develop at a faster rate than mature ones. The primary targets of the industry are mining infrastructure, oil and gas exploration, and power generation. KBR Inc. for instance was recently awarded a contract worth $1.3 billion for engineering, procurement management and construction management for Rio Tinto and Hancock Prospecting mine in Western Australia. Investors can register today at http://wallstreetequityresearch.com/September242010KBRInc.(KBR)240910.php to download the full report on KBR Inc.

In the emerging market of India, companies are hoping to tap into the $10 billion expected to be invested in the fertilizer industry.

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